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Tue, Apr 23
A Compendium of Property & Capital News
Tue
Apr 23
A Compendium of Property & Capital News

$2.7M Arranged Finance for Historic Winthrop Square Brownstone

April 10, 2019
Winthrop Square, Charlestown MA

​BOSTON–FinanceBoston has arranged high-leverage senior construction financing for a brownstone renovation project at 5 Adams Street, in Charlestown - located steps away from the Community College MBTA Station. The property benefits from direct frontage on Charlestown’s historic Winthrop Square Training Field, with Boston skyline views.

“This closing was completed by arranging a construction loan for our client midway through the project while allowing for minimal cash equity from the developer,“ said Doug Landry, Principal at the Boston-based FinanceBoston. “I am excited to see the final product right around the corner from my own home,” he added.